Feb 4 (TechRepublic) – Researchers at the University of Waterloo, Canada, have discovered that data centres could slash energy consumption by up to 30% with a minor tweak—rewriting just 30 lines of code in the Linux kernel’s network stack. The study highlights inefficiencies in how servers handle incoming network traffic, paving the way for major energy savings. Optimizing CPU Efficiency…
Read MoreDay: February 4, 2025
Oil Prices Slip as U.S. Pauses Tariffs on Mexico, Canada; OPEC+ Supply Outlook Weighs
Feb 4 (Reuters) – Oil prices fell on Tuesday after U.S. President Donald Trump delayed a decision on steep tariffs for Mexico and Canada, the country’s largest foreign oil suppliers. Meanwhile, concerns over increased OPEC+ production from April added further pressure to prices. Market Movement: Brent crude declined 50 cents (0.7%) to $75.46 per barrel by 0432 GMT.U.S. West Texas…
Read MorePakistan Secures $1.2 Billion Saudi Oil Facility as Inflation Hits Nine-Year Low at 2.4%
Islamabad: In a significant development aimed at stabilizing Pakistan’s economy and ensuring a steady supply of petroleum products, the Kingdom of Saudi Arabia (KSA) has signed a Memorandum of Understanding (MoU) with Pakistan for a $1.2 billion Saudi Oil Facility (SOF) for one year. Under the agreement, Saudi Arabia will provide Pakistan with deferred oil payments at a 6% markup,…
Read MoreTariq Electric Hosts Grand Event Showcasing ABB’s Latest Innovations
Lahore: Tariq Electric (Pvt) Ltd, a licensed panel builder and official channel partner of ABB, hosted a prestigious event in Lahore, unveiling ABB’s latest product line and cutting-edge electrical solutions. The gathering brought together senior industry professionals, renowned consultants, and key stakeholders from the energy and electrical sectors. A keynote address by Mr. Sean Barnicle from ABB Italy was the…
Read MoreNepra Holds Public Hearing on 220MW Hybrid Project Today SITE Neutral Project Receives Record-Low Tariff Bid of 3.09 Cents/kWh
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is set to hold a public hearing today on the approval of the 220-megawatt SITE Neutral Hybrid Project, a pioneering initiative in Pakistan’s renewable energy sector. K-Electric (KE) will present its stance on the project, which has secured the lowest tariff bid of 3.09 cents per kilowatt-hour (kWh) from Canadian firm JCM…
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